Category: Business
AU Small Finance Bank aims to become universal bank in 3-5 years
NEW DELHI: AU Small Finance Bank, which received RBI‘s approval to merge Fincare Small Finance Bank with itself last week, aims to become a universal bank or full-scale bank in … Read More
Corporate actions this week: Waaree Renewable Tech to go ex-split; SBI Life, IIFL Securities ex-dividend and more
Autoriders International (Rs 0.5/share), IIFL Securities (Rs 3/share), India Gelatine & Chemicals (Rs 10/share), ISMT (Rs 0.5/share), Kirloskar Ferrous (Rs 3/share), and SBI Life Insurance Company will trade ex-dividend on … Read More
‘Broken all revenue milestones since 2008; exceptional demand seen in last 6 months:’ The Imperial’s Louis Sailer
NEW DELHI: One of the four “Grande Dames” of the East — Delhi’s The Imperial — has “broken every single record in its 88-year-old history of room occupancies”. The 235-key … Read More
Smart ways to analyse stock fundamentals: A beginner’s toolkit
Embarking on stock analysis can be overwhelming, but fundamental analysis provides clarity. Analyze profit & loss, balance sheet, cash flow. Consider sales growth, operating margins, cash profits, cash conversion efficiency, … Read More
Smart Talk: FY25 Strategy! Deploy 80% of equity allocation through weekly STP over next 8-10 weeks: Kshitiz Mahajan
“Fixed income is expected to yield capital gains from rate cuts over the next 1-1.5 years, potentially offering double-digit pre-tax returns. Parking debt allocations in gilt/debt funds with a modified … Read More
Small savings interest rates April-June 2024 out
Small Savings Scheme Interest Rates April-June 2024: The government has announced the interest rates for small savings schemes for the April-June 2024 quarter. According to a PTI report, the government … Read More
Government panel seeks carbon tax rejig to discourage coal imports
NEW DELHI: An inter-ministerial panel of officials tasked with charting a course for stopping coal imports by 2030 has recommended raising the carbon tax on superior imported fuel and reducing … Read More
Sebi issues administrative warning to Vedanta
Vedanta has been warned by the markets regulator to strengthen its internal control for corporate announcements and press releases. Sebi found violation of Sections 12A (a), (b), (c) of SEBI … Read More
US stocks rise on rate hopes as gold hits record high
LONDON: US and European stock markets rose Wednesday and gold hit a record high as the Federal Reserve kept alive expectations of rate cuts later this year and the British … Read More